ArchrockAROC
About: Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Employees: 1,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
198% more call options, than puts
Call options by funds: $4.38M | Put options by funds: $1.47M
68% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 78
12% more capital invested
Capital invested by funds: $2.98B [Q2] → $3.33B (+$346M) [Q3]
10.79% more ownership
Funds ownership: 94.31% [Q2] → 105.11% (+10.79%) [Q3]
1% less funds holding
Funds holding: 304 [Q2] → 302 (-2) [Q3]
4% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 57
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 10%upside $27 | Overweight Maintained | 29 Nov 2024 |
RBC Capital Elvira Scotto 81% 1-year accuracy 26 / 32 met price target | 10%upside $27 | Outperform Maintained | 14 Nov 2024 |
Mizuho Gabriel Moreen 95% 1-year accuracy 35 / 37 met price target | 2%downside $24 | Outperform Initiated | 2 Oct 2024 |
Citigroup Douglas Irwin 100% 1-year accuracy 3 / 3 met price target | 2%downside $24 | Buy Initiated | 27 Sept 2024 |
Evercore ISI Group Durgesh Chopra 68% 1-year accuracy 13 / 19 met price target | 2%downside $24 | Outperform Initiated | 25 Sept 2024 |
Financial journalist opinion
Based on 3 articles about AROC published over the past 30 days
